Genesis Partners
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Headquarters at Akershtein Towers, Herzliya | |
| Industry | Venture capital |
|---|---|
| Founded | 1996 |
| Headquarters | Herzliya, Israel |
| Website | www.genesispartners.com |
Genesis Partners is an Israeli venture capital firm with over 600 million under management, founded in 1996 by Eddy Shalev and Dr. Eyal Kishon.[1]
Overview
Genesis's investment strategy is focused on early-stage Israeli innovation-driven technology companies. Their companies operate in the following spaces: communications & wireless technologies, infrastructure software & hardware, enterprise software, internet applications and services, digital media, consumer applications and services, and mobile applications and services. Genesis has a successful track-record, and over the past 19 years has invested in over 80 companies, many of which have achieved great success through mergers and acquisitions, and by going public.
Genesis Partners co-invests alongside other leading venture capital firms and angel investors, like Sequoia Capital,[2] Norwest Venture Partners,[3] Canaan Partners, Accel Partners,[4] Benchmark Capital,[4] Joe Lonsdale (founder of Palantir Technologies),[5] and Eric Schmidt's Innovation Endeavors.[6]
In 2011, Genesis Partner's launched The Junction, Israel's first open house for entrepreneurs.[7] Entrepreneurs who apply are invited to work on their venture at The Junction for three months, before ending their experience in a Demo Day to Israeli angel investors and venture capital firms.
The firm's partners include Eddy Shalev, Dr. Eyal Kishon, Gary Gannot, Jonathan Saacks, and Hadar Kiriati.[1]
Portfolio companies
- Activepath - Bringing the Online Banking Experience to Your Customer's Personal Inbox
- Any.DO - Developer of task management mobile apps[8]
- Aternity - User Experience Management solutions
- Commerce Sciences - Improving online shopping using Behavioral Science based solutions
- Discretix - Security solutions for mobile devices and flash-based storage
- EatWith - community marketplace that invites people to dine in other homes
- JoyTunes - Developer of computer and mobile games that are controlled by real musical instruments[9]
- Profitect - Developer of software solutions for retailers that aim to increasing the client's overall profit margin.[10]
- Radwin - Broadband wireless connectivity solutions.
- Riskified – a company that reviews, approves and guarantees high risk credit card transactions for online merchants.[11]
- Sckipio Technologies – A semiconductor company focused on the exciting new ITU standard, G.fast.[12][13]
- SponDoolies - Tech build infrastructure technology for virtually mining cryptocurrency such as Bitcoin.[14]
Notable Exits
- Allot Communications (IPO) - provider of IP service optimization solutions for service providers, carriers, and enterprises
- Appilog (acquired by Mercury Interactive) - application mapping technologies
- AudioCodes (IPO) - designs, develops, and sells advanced Voice over IP (VoIP) and converged VoIP and Data networking products and applications to service providers and enterprises
- Butterfly VLSI (acquired by Texas Instruments) - developed low cost chipsets that enabled RF wireless communications[15]
- ClickSoftware Technologies (IPO) - develops software solutions for workforce optimization, allowing companies to efficiently coordinate the dispatch of field service technicians to customer locations
- ColBar LifeScience (acquired by Johnson & Johnson) - develops, manufactures, and commercializes biosurgical products[16]
- Compugen (IPO) - develops and markets bioinformatics software platforms and engages in in silico drug discovery
- FilesX (acquired by IBM) - storage software company that specializes in continuous data protection with near-instant recovery software for applications and data[17]
- FIS Software - Software solution for the Insurance industry, acquired by Sapiens International Corporation.[18]
- Fundtech (IPO) - designs, develops, markets, and supports client/server products for electronic payments[19]
- Kidaro (acquired by Microsoft) - provider of desktop virtualization solutions for enterprises [20]
- Modem Art (acquired by Agere Systems) - -developer of advanced processor technology for 3G/UMTS mobile devices [21]
- Neebula Systems (acquired by Service Now) - business service monitoring (BSM) platform for virtualized data center environments [22]
- Octalica (acquired by Broadcom) - home networking solutions over coaxial cable
- Optonol (acquired by Alcon) - devices for ophthalmologic applications [23]
- PrimeSense developer of 3D sensing technology, acquired by Apple Inc. for $350 million on November 24, 2013. [24]
- ProSight (acquired by Primavera) - enterprise IT portfolio management software
- Scopus Video Networks (IPO) - end-to-end digital video networking products [25]
- SolarEdge (IPO) - provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems [26]
- Wintegra (acquired by PMC-Sierra) - multiprotocol semiconductors for broadband access networks [27]
- Worklight (acquired by IBM) - Mobile application platform software [28]
- Yedda (acquired by AOL, renamed to AOL Answers) - community-driven question and answer service[29]
See also
- Venture capital in Israel
- Silicon Wadi
- List of Israeli companies quoted on the Nasdaq
- List of multinationals with research and development centres in Israel
References
- ↑ 1.0 1.1 "Genesis Partners". Genesis Partners. Retrieved 2012-07-04.
- ↑ "Innovid | CrunchBase Profile". Crunchbase.com. Retrieved 2012-07-04.
- ↑ "SolarEdge | CrunchBase Profile". Crunchbase.com. Retrieved 2012-07-04.
- ↑ 4.0 4.1 "Resolute Networks | CrunchBase Profile". Crunchbase.com. Retrieved 2012-07-04.
- ↑ Monday, July 2nd, 2012 (2011-01-04). "Commerce Sciences Nabs $1.8M From Eric Schmidt, Joe Lonsdale To Make Online Shopping More Personal". TechCrunch. Retrieved 2012-07-04.
- ↑ "Companies". Innovation Endeavors. Retrieved 2012-07-04.
- ↑ "Home for entrepreneurs". The Junction. Retrieved 2012-07-04.
- ↑ "Any.DO on CrunchBase".
- ↑ "JoyTunes on CrunchBase".
- ↑ Alspach, Kyle. "Profitect Strengthens Israel-Mass. Link with R&D Move". Boston Business Journal. Retrieved 20 April 2012.
- ↑ "Riskified Official Website".
- ↑ "Sckipio Technologies on CrunchBase".
- ↑ "Sckipio Technologies Raises $17M In Series B Funding". December 9, 2014.
- ↑ "Spondoolies-Tech official website".
- ↑ "TI to Acquire Butterfly VLSI, Ltd". Ti.com. 1999-01-20. Retrieved 2012-07-04.
- ↑ "ColBar LifeScience Ltd.: Private Company Information - Businessweek". Investing.businessweek.com. 2006-07-06. Retrieved 2012-07-04.
- ↑ "IBM Acquires FilesX". 01.ibm.com. 2011-11-30. Retrieved 2012-07-04.
- ↑ Sapiens, IDIT and FIS Sign Definitive Agreement to Merge; Merged Company to Become a Major Global Insurance Solutions Provider, July 21, 2011, PRNewswire
- ↑ "Leaders in Global Transaction Banking Solutions Home". Fundtech. Retrieved 2012-07-04.
- ↑ http://news.microsoft.com/2008/03/12/microsoft-to-expand-investment-in-desktop-virtualization-with-acquisition-of-kidaro/. Missing or empty
|title=(help) - ↑ http://www.prnewswire.com/news-releases/agere-systems-acquires-modem-art-a-leading-developer-of-3gumts-processors-54185012.html. Missing or empty
|title=(help) - ↑ http://www.servicenow.com/company/media/press-room/servicenow-acquires-neebula.html. Missing or empty
|title=(help) - ↑ http://www.haaretz.com/print-edition/business/optonol-reaping-180m-from-a-device-the-size-of-a-grain-of-rice-1.2086. Missing or empty
|title=(help) - ↑ Apple Confirms Acquisition of 3-D Sensor Startup PrimeSense
- ↑ http://www.nasdaq.com/markets/ipos/company/scopus-video-networks-ltd-691228-47368. Missing or empty
|title=(help) - ↑ http://cleantechnica.com/2015/03/30/126-million-dollar-ipo-solaredge/. Missing or empty
|title=(help) - ↑ http://investor.pmc-sierra.com/phoenix.zhtml?c=74533&p=irol-newsCorporateArticle&ID=1498688&highlight. Missing or empty
|title=(help) - ↑ https://www-03.ibm.com/press/us/en/pressrelease/36919.wss. Missing or empty
|title=(help) - ↑ "Yedda | CrunchBase Profile". Crunchbase.com. Retrieved 2012-07-04. Yedda profile